EPFO adds 13.41 lakh net members in October
The Hindu
EPFO's outreach efforts lead to 13.41 lakh new members in October 2024, with a focus on youth and female inclusion.
Retirement fund body EPFO has registered 13.41 lakh net new members addition in October 2024, according to showed latest payroll data.
This signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, a labour ministry statement said on Wednesday.
According to the statement, the Employees' Provident Fund Organisation (EPFO) has released provisional payroll data for October 2024, revealing a net addition of 13.41 lakh members.
As per the data, EPFO enrolled around 7.50 lakh new members in October 2024.
This addition in new memberships can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful outreach programmes, the ministry stated.
A noticeable aspect of the data is the dominance of the 18-25 age group, constituting a significant 58.49 per cent of the total new members added in October 2024.
The net payroll data for the age group 18-25 for October 2024 is 5.43 lakhs.
Minimum temperatures rise in Kashmir as Chillai Kalan ends, signaling the start of Chillai Khurd and potential wet weather ahead.
NCP leaders meet CM Fadnavis amid uncertainty over the party's future following Ajit Pawar's tragic death in a plane crash.
Mangaluru's Kankanady bypass road will soon be upgraded to concrete, with utility lines being shifted to facilitate construction.
Chakrasiddh’s CSET Protocol Reverses AVN Stage III in 35 Days – Published Proof
After mandating pet dog licensing and microchipping, Greater Chennai Corporation (GCC) bids to do the same for cattle to curb stray cattle issues and man-animal conflicts in the streets. The civic body has moved to make it compulsory for cattle owners to obtain licenses for their animals across all zones.
BJP assures justice for all following Supreme Court's stay on UGC Equity Regulations, emphasizing fairness in higher education.
Amit Shah accuses Rahul Gandhi of disrespecting the North East by refusing to wear 'gamosa' at a Republic Day event.
iQOO on Friday announced that it is going to use Snapdragon 8 Gen 5 processor in its upcoming launch of iQOO 15R. The Chinese smartphone maker also confirmed the Dark Knight colour of the phone
Tragic elopement leads to husband and uncle's suicides; woman and lover arrested for abetment in Karnataka.
British Deputy High Commissioner Gareth Wynn Owen visits Medaram's Sammakka-Saralamma Maha Jatara, participating in traditional rituals and learning about its significance.
At just 15, Rhea Nadkarni aims high in cricket as she prepares for the Speed Queen finals in Mumbai.
Shashi Tharoor clarifies his stance on issues, emphasizing pro-India views while affirming loyalty to Congress amidst party tensions.
Karnataka contractors threaten a strike over ₹37,370 crore in unpaid bills, alleging increased kickback demands under the Congress government.